user
What are the implications of this development?

Additional Context:
Scientists have recently diagnosed a new virus, Coronavirus, which is highly contagious and can quickly spread.

Answer:
assistant
The implications of this development are that the virus, Coronavirus, is highly contagious and could quickly spread, leading to a large number of people becoming infected. This could have serious implications for global economies, public health, and global security, and could potentially result in catastrophic consequences. There is also a risk of a pandemic if the virus is not contained quickly.